tldr; Bitcoin crashed to a six-month low, briefly falling below $96,000, erasing $120 billion from its market capitalization. The drop was driven by institutional outflows, including $870 million pulled from Bitcoin ETFs, and significant liquidations of leveraged positions. Long-term holders sold 390,000 BTC since October, and exchange inflows spiked. Bitcoin is now below key technical thresholds, with analysts warning of further declines to support levels at $82,045 and $66,900.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Even-Ad-9930 on
I generally dislike titles like this because they feel so misleading.
Like when stock prices, crypto prices, etc drop then there is a they wiped out so much money, but like when they are increasing they are not like they created so much money
like it feels like a basic misunderstanding of economics, investments, etc
JohnMcafee4coffee on
Buying opportunity
SlorgSlugmann on
This is surely the bottom then, right?
right…?
herefromyoutube on
$250k by 2030
JustSellitAll on
6 month low so far
star744jets on
Cryptos are just a joke
thejuggler56 on
If it goes to 150k next year everyone is crying again why they didn’t buy when it was down
Responsible_Cod_1453 on
Every now and then the same panic here, ya all getting so sad.
RandoDude124 on
“Crypto and BTC is over 2013, 2015, 2018, 2021, 2022!”
#It’ll rebound.
General_Can_1161 on
Eh, I sold my share. I will buy back in if it drops lower. I’m just thankful I got in at 77k.
Mac_McAvery on
Just kinda seems like bitcoin’s worth the rich now
glavent on
If you’re scared, sell. There are plenty of us who have been DCA’in and will gladly take the other side.
Some people ain’t built to hodl btc
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tldr; Bitcoin crashed to a six-month low, briefly falling below $96,000, erasing $120 billion from its market capitalization. The drop was driven by institutional outflows, including $870 million pulled from Bitcoin ETFs, and significant liquidations of leveraged positions. Long-term holders sold 390,000 BTC since October, and exchange inflows spiked. Bitcoin is now below key technical thresholds, with analysts warning of further declines to support levels at $82,045 and $66,900.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I generally dislike titles like this because they feel so misleading.
Like when stock prices, crypto prices, etc drop then there is a they wiped out so much money, but like when they are increasing they are not like they created so much money
like it feels like a basic misunderstanding of economics, investments, etc
Buying opportunity
This is surely the bottom then, right?
right…?
$250k by 2030
6 month low so far
Cryptos are just a joke
If it goes to 150k next year everyone is crying again why they didn’t buy when it was down
Every now and then the same panic here, ya all getting so sad.
“Crypto and BTC is over 2013, 2015, 2018, 2021, 2022!”
#It’ll rebound.
Eh, I sold my share. I will buy back in if it drops lower. I’m just thankful I got in at 77k.
Just kinda seems like bitcoin’s worth the rich now
If you’re scared, sell. There are plenty of us who have been DCA’in and will gladly take the other side.
Some people ain’t built to hodl btc